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    Finance

    Bank Loans to Private Sector Witness an 86% Decline

    In a significant economic development, there has been an astonishing 86% decline in bank loans extended to the private sector. This substantial reduction raises...

    CRISP Program: Pakistan, World Bank set to Collaborate

    In a collaborative effort, Pakistan is set to engage with the World Bank to secure an additional financing of $250 million for the Competitive...

    Shariah Standards: SBP Urges Banks to Embrace AAOIFI’s

    In a noteworthy directive, the State Bank of Pakistan (SBP) has called upon banks to adopt Shariah standards and practices formulated by the Accounting...

    FBR Commits to IMF: Pledges to Increase Taxes on Digital Markets

    In a significant development, the FBR commits to the International Monetary Fund (IMF) that it will undertake measures to raise taxes on digital markets...

    Pakistan Tells IMF of Intent to Increase Key Interest Rate

    In a recent communication with the International Monetary Fund (IMF), Pakistan Tells IMF its intention to raise the key interest rate should there be...

    Pakistan Assures IMF of Maintaining a Market-Determined Rate

    In a recent development, Pakistan assures the IMF of its dedication to maintaining a market-determined exchange rate. This commitment is a significant aspect of...

    Pakistan’s Textile Exports Decline by 5% in First Half of FY24

    In a noteworthy economic development, Pakistan's textile exports have observed a decline of 5% in the first half of the fiscal year 2024. This...

    Pakistan Initiates Talks with IMF for the Final Tranche

    Pakistan has embarked on discussions with the International Monetary Fund (IMF) to secure the final tranche of a $1.1 billion loan. This crucial financial...

    Egyptian Business Community Poised to Invest in Pakistan

    In a promising development, the Egyptian Business Community is showing strong indications of investing in Pakistan's auto and agriculture sectors. This potential collaboration signifies...

    Latest articles

    Rici Melion Enters a New Era of Luxury Menswear

    Italian luxury menswear house Rici Melion, renowned for its bespoke tailoring and craftsmanship, continues to expand its footprint across Pakistan. With the rapid growth...

    FrieslandCampina Engro Pakistan Ltd Announces Financial Results as of Q3, 2025

    FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the third quarter ended September 30th, 2025.  The packaged milk category continues to remain in...

    Spotify Takes Over LUMS as Hip-Hop Event Lights Up the Campus

    Spotify turned up the volume on Pakistan’s growing Hip-Hop scene with an immersive on-campus experience at the Lahore University of Management Sciences (LUMS). The...

    Fresh record for YANGWANG U9 Xtreme: now the fastest electric hypercar at the Nordschleife

    The YANGWANG U9 Xtreme is already the fastest electric car on the planet – and now the performance flagship of BYD's luxury sub-brand has...